WWE have released Rico from his contract. From what it seems, WWE are hellbent on releasing a whole slew of their lowcarders, and it seems as if more are to follow.

It has been reported that WWE have released 12 wrestlers altogether, and since ten have now been confirmed to have been released, it means we can expect two more to be revealed within the next couple of days, or at least early next week.

News courtesy of WWE.Com:

"The WWE has released Rico. We wish him the best in his future endeavors."